Tang Wanli, New Born Ma King
Chairman of the board of directors of Delong International Strategic Investment Co., Ltd.
Chairman of the China Federation of industry and commerce.
Born in 1956.
1980 educates people at Bayi Middle School in Urumqi.
In 1986, Tang Wanli, who was a middle school chemistry teacher, led a four year old business in, and entered a photo processing business with several friends.
After 1995, Tang Wanli officially entered Deron and was pushed to be the leader by his younger brothers.
In May of 1997, Delong held a "garden meeting" in Beijing to realize the change of investment concept from "project investment" to "industry investment". After that, Tang Wanli and his brothers carried out the "three major campaigns" of Xinjiang's Tuen he, Shenyang alloy and Xiang torch.
In March 2001, Tang was recruited as a counselor of the the Xinjiang Uygur Autonomous Region government and directly participated in the discussion of local economic decisions.
In 2001, with the Shenzhen Minsk aircraft carrier frying case, the Beijing JJ disco playground hot case and the Zhongshi incident, the Tang brothers went to the media front desk.
In November 2002, Tang Wanli was elected chairman of the Bureau of the China Federation of industry and commerce.
In September of 2002, Tang Wanli signed an agreement with the supply and marketing cooperatives in Kashi, and swallowed the 10 cotton and linen and cotton textile industries in Kashi county and the new textile Co., Ltd. in an overall way of acquisition and integration.
In the words of Tang Wan Li, the textile industry was not the main industrial target of Deron, and it was purely "accidental" to intervene.
The founder of the German greens, Mr. crane, is an investor who is addicted to nettle products.
Through checking the map, the old man found that the Yili Valley in Xinjiang, China is more suitable for planting nettle, so she contacted through Delong European company and Xinjiang Delong.
Tang saw the prospect of the linen textile industry in his contacts with Mr.
Textile industry is a traditional industry in China, and also a basic industry in Xinjiang. It has a good foundation for industry.
At the same time, China's comparative advantages in raw materials and labor force will make China's textile industry become a comparative advantage industry in the international market after WTO.
Moreover, the proportion of Linen Industry in the textile industry accounts for less than 1%, and the difficulty and risk of integration are relatively low. Once the integration is successful, the linen industry can smoothly enter the related industries such as cotton spinning and wool spinning.
As a result, Delong quickly adjusted its investment strategy and incorporated Xinjiang's cotton industry and textile industry into investment planning.
There are always inevitable factors behind the accidental consequences.
Tang brothers also speculate.
But the Chinese stock investors who have invested in the first barrel of gold are seldom able to turn a formal strategic investment company like the Tang brothers.
However, in the view of Tang Wanli, the elder of Delong family, who is also on the road of strategic investment, Buffett of the United States still stands on the other side of the capital market and has not really reached the shore of industrial investment.
Tang Wanli wants to complete the other half. He not only invests in an enterprise, but also goes deep into the practical level of management and operation of enterprises. By integrating leading industries with traditional industries, capital market becomes a means and breakthrough point for the operation industry.
The capital itself is impetuous.
When there are only a few million money games in the stock market, it will bring the passion of adventure and the pleasure of gamblers, but when they reach the number of billions, they will feel very "empty" and need a real "foundation".
What Tang Wanli felt in 1997 was the latter feeling.
Therefore, the first idea of Tang Wanli's strategic investment is to invest in Listed Companies -- export a strategy -- financing and buying through capital raising and expanding shares -- integrating the traditional industry and city's daily mode: the new integration movement, when Tang Wanli turns his attention to the textile industry, 3 flax enterprises in Yili are facing bankruptcy, and Tang Wanli takes two hundred million to acquire the 3 enterprises.
Policy resources plus 3 enterprises' ready market production processes and product access means a ready made industrial seed.
In June 28, 2001, Xinjiang Yili Tianyi Industrial Co., Ltd. was founded. Tang Wan Li stepped forward to promote Derong's first step into the textile industry.
In September 2002, Tang signed an agreement with the supply and marketing cooperatives in Kashi. In the way of the whole purchase and integration, it swallowed down 10 counties of Kashi cotton and hemp textile and new textile Co., Ltd., and began to enter the Xinjiang cotton textile industry.
After two rounds of business capital injection, the textile system of Derong has already owned the largest linseed seed company in China, nurturing new high-quality flax seed lines, and the basic components of large textile industries such as linen planting, hemp processing, linen spinning, cotton spinning, wool spinning and so on.
However, this is just one end of the whole integration plan, and the subsequent practice is slightly different from previous integration ideas.
This time, the eyes of Tang Wan Li were always staring at the European market, and both sides started at the same time.
"In the past, the way we integrated the industry was to have good raw materials and products to go to the market, but good raw materials do not necessarily have good markets." Tianyi "project is just thinking in reverse direction, and decides exactly what industries to do according to the needs of the international market.
Through two acquisitions at home and abroad, the tide of the European market is directly linked up.
Tang Wan Li's acquisition in Europe is mainly a bid for a 150 year old company called Haltex (Hill TEK).
Although in the bidding process, Deron's equipment base price was very low, but because the other 3 rival's purpose is to sell equipment, so Tang's "continuous operation, acquisition only half of the cut" card has been approved by the local government commissioned by the lawyer.
After the success of the acquisition, Tang Wanli owns a "local" enterprise in the European market and the production process of Hill TEK, and through this enterprise's brand and marketing network, we get the domestic linen raw materials and products access to the ultimate market.
Tang Wanli also exported such an industry development strategy: first of all, to become one of China's important hemp plants and processors, one of China's important hemp seed producers, and one of China's important hemp mills. In this way, we will gradually enter the related industries such as cotton spinning, wool spinning and so on. At the same time, we should integrate the European garment processing industry and marketing network to form the global concept of Delong textile, and build it in the world's famous Derong textile brand.
In 2002, 200 thousand mu of flax planting, 4400 tons of long linen and 1700 tons of flax yarn are expected to be completed, with sales income of 152 million 350 thousand yuan, and 28 million 640 thousand of profits and taxes.
Since then, Tang plans to invest 320 million more in proportion to flax planting, linen fiber production, nettle spinning, nettle cloth and linen textile mill.
In addition, they will invest 30 million yuan and 97 million yuan in Yining and Tex respectively. The new profit will be 7 million 450 thousand yuan to enlarge the production line of hemp. The expected revenue can exceed 290 million yuan, and the profit will be more than 58 million yuan.
After the completion of these investments, the sales revenue will be increased by 550 million 750 thousand yuan, with a tax revenue of 104 million 430 thousand yuan and a profit of 116 million 500 thousand yuan.
In the far south of China, Tang Wan Li is now being neglected, just as they were ignored by the stock market.
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